Schroder Investment Management Group Sells 746,999 Shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Schroder Investment Management Group decreased its holdings in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 83.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 145,595 shares of the basic materials company's stock after selling 746,999 shares during the quarter. Schroder Investment Management Group owned approximately 0.05% of Sociedad Química y Minera de Chile worth $5,294,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Manning & Napier Advisors LLC acquired a new position in Sociedad Química y Minera de Chile during the fourth quarter worth $120,395,000. Van ECK Associates Corp lifted its stake in Sociedad Química y Minera de Chile by 28.4% in the fourth quarter. Van ECK Associates Corp now owns 804,913 shares of the basic materials company's stock valued at $29,267,000 after acquiring an additional 177,898 shares during the last quarter. North of South Capital LLP lifted its stake in Sociedad Química y Minera de Chile by 19.1% in the fourth quarter. North of South Capital LLP now owns 597,057 shares of the basic materials company's stock valued at $21,709,000 after acquiring an additional 95,564 shares during the last quarter. State Street Corp lifted its stake in Sociedad Química y Minera de Chile by 8.9% in the third quarter. State Street Corp now owns 265,545 shares of the basic materials company's stock valued at $11,068,000 after acquiring an additional 21,778 shares during the last quarter. Finally, Peregrine Investment Management Inc. acquired a new stake in Sociedad Química y Minera de Chile in the fourth quarter valued at $5,505,000. Institutional investors and hedge funds own 12.41% of the company's stock.

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Sociedad Química y Minera de Chile Stock Performance

SQM stock traded down $1.66 during trading hours on Thursday, reaching $33.84. The stock had a trading volume of 289,340 shares, compared to its average volume of 1,087,013. The stock has a market capitalization of $9.67 billion, a PE ratio of -30.49, a price-to-earnings-growth ratio of 5.00 and a beta of 0.99. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.94 and a quick ratio of 2.05. The stock has a 50-day simple moving average of $39.76 and a 200 day simple moving average of $39.38. Sociedad Química y Minera de Chile S.A. has a fifty-two week low of $31.27 and a fifty-two week high of $51.90.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last announced its quarterly earnings results on Tuesday, March 4th. The basic materials company reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.10). The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.01 billion. Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. Analysts predict that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current fiscal year.

Sociedad Química y Minera de Chile Company Profile

Sociedad Química y Minera de Chile SA operates as a mining company worldwide. The company offers specialty plant nutrients, including sodium potassium nitrate, specialty blends, and other specialty fertilizers under Ultrasol, Qrop, Speedfol, Allganic, Ultrasoline, ProP, and Prohydric brands. It also provides iodine and its derivatives for use in medical, agricultural, industrial, and human and animal nutrition products comprising x-ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical intermediates, polarizing films for LCD and LED screens, chemicals, organic compounds, and pigments, as well as added to edible salt to prevent iodine deficiency disorders.